23 Jun 2015
Paul Blomfield MP (Labour, Sheffield Central) has secured a Westminster Hall Debate on Wednesday 24 June at 9.30am on the topic of ‘Science and research in the UK and regional economies’.
Science and research is a fundamental part of the mission of every UK University. Supporting universities and businesses to collaborate and translate research for commercial purposes and invest in innovation has significant positive impacts on the national and on regional economies. The way in which government provides investment for the research base determines the extent to which universities can respond to the needs of national and regional stakeholders as well as to new and emerging markets and supply chains. This briefing sets out the reasons why the government should provide a new funding stream for translational research to enable universities across all regions to support small and medium sized enterprises to develop and grow, supporting strong and competitive economies.
Further research analysis: In 2014, million+ published two reports on the impact universities can have on their regional economies through investing in research and knowledge transfer with businesses. (See Smarter Regions, Smarter Britain and The Innovation Challenge.)